Answer / satish kulkarni

When we do balance sheet, open items in
vendors/customer/ledger line item which are in foreign
currency should be shown correctly.

As per account standard--11 of ICAI these should valuated
at balance sheet date & what ever gain/loss should be
accounted for.

This is reason we do foreign currency valueation.

In SAP customization done through OB59 & OBA1. We have
define method for valuation. In method along with other
parameter we define which rate should be taken to valuate
foreigh currency.

Actual valuation we do by T-code F.05

Regards

Answer / kiran kumar kakolu

In order to check the accounts both in local company and
parent company we need to do foriegn currency evaluation.

With this we can calculate the direct quote of local
currency to foreign currency

what is child order

0 Answers  

---

if customere and vendor are the same one,where ar is 1000 and ap is 4000,how would we deduct and pay remaining 3000 in app?

3 Answers  

---

how i clear GR/IR clearing A/c at month end. plz quick

3 Answers  

---

what r the differences between 4.7ee and ecc 5.0?

1 Answers   IBM,

---

What is known as a depreciation run in sap? : fi- asset accounting

0 Answers  

---

how to enter the TDS amount deducted by customer.what customization is required please explained me

3 Answers  

---

what are the functional specification in AP, APP ?

0 Answers   Accenture, iGate,

---

Explain the organizational assignment in the pa module? : co-pa

0 Answers  

---

what is cycle count in SAP

1 Answers   Infosys,

---

What is the main control parameter for settlement?

0 Answers  

---

What are the components in financial statement version? : cost center accounting

0 Answers  

---

In housing banking we created ranking order for automatic paymet. If vendor wants different ranking order, then whats the procedure. For example we have assigned ranking order for icici bank, citi bank, sbi, in the mentioned order but now a vendor wants sbi, icici in the ranking order, so do we need to change in again and again as per requirement or any other easy technique is available...

5 Answers  

---